OpenAI Rejects Elon Musk’s $97 Billion Takeover Bid, Reaffirming Its Vision

Board Chair Bret Taylor says the company is “not for sale” as battle over AI industry control intensifies OpenAI’s board of directors has formally rejected a $97.4 billion acquisition offer led by Elon Musk and other investors, reinforcing its stance on maintaining independence in the evolving AI landscape. “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,” OpenAI Board Chair Bret Taylor stated on Friday in a post on X. The decision marks a significant moment in the ongoing tensions between OpenAI and Musk, who was one of the company’s … Continue reading OpenAI Rejects Elon Musk’s $97 Billion Takeover Bid, Reaffirming Its Vision